Buying a boat


I was reminded this weekend why we originally wanted our blog and video series to be 100% financially transparent and to really focus on the planning aspect of our journey to aid viewers in developing their own adventure plans. We were watching a new sailing video series on YouTube, which had unbelievable cinematography and was extremely well put together. Despite it being the best series we've watched aesthetically, Kelsey and I were extremely disappointed once we went back and watched their first episode.

They were speaking about the beginning of their boat buying process, their way of explaining how did they end up where they are now? They went into some detail on how they purchased their gorgeous blue water boat but prefaced it by telling viewers they were searching for a boat with no cash. Granted they are in their young 20s like us so we understand the lack of cash but how the hell do you go from no cash to buying a yacht for 60k? For the sake of lack of transparency on their part, I'll follow their lead and keep the name of the series a secret.

The ocean's plenty big enough for all of us why keep secrets on how you achieved the dream?

People follow, contribute and support sailing series and blogs for a variety of reasons. For me I interpret it as either they want to be entertained, inspired or educated. I believe majority of viewers want to be inspired and educated because they are most of the time dreaming up their own plans to do something similar to the series. Which in turn means the creators of the series not explaining how they magically produced the 60k required for the boat, are doing their viewers and supporters a major disservice. If supporters are backing them financially via Patreon or by donations, the least they can do is arm their followers with the best information possible to support their own adventure dreams. 

This leads me to my next point - if you look on all of the major sailing creator's blogs or video series, their number 1 question on their FAQs is how did you afford to do this? Some people might say they have no obligation to provide us with how they afforded the dream or that speaking about money should remain hush hush. And I wholeheartedly disagree, unless the creators aren't asking for any donations or support.

Not everyone in their early twenties can go from no cash to bluewater boat in a matter of minutes.

S/V Delos & Sailing La Vagabonde both provide at least a little background on how they originally funded the dream, one offshore on rigs, the other Windsor knotted to a desk in Seattle. Both sites also go into how they almost had to give up the dream at one point due to running out of cash. Which not only makes for a good story but also a very realistic one that doesn't only show the romantic side of sailing around the world. 

Maybe I'm wrong in thinking this way and if so, someone please comment and let me know so I can rethink the purpose of our blog and video series (just kidding it'll take a lot more than that). Now let me be clear that I'm not calling for sailing series to release their tax returns like some zealous politician. All I'm saying is when people are contributing to your dream in return for fueling inspiration of their own, the least we as creators can offer is transparency so they know exactly what it takes to make the dream a reality. 


Why couldn't we have been raised to live on a boat? I mean c'mon Dad you were the one who showed me your passions for surfing, boating and everything else related to water, didn't you foresee this coming? We really could've used the foresight and background of having lived aboard previously throughout this process to know where to begin. But therein lies a victory, albeit a small one but nonetheless a victory for us, just to begin

To say we envisioned ourselves being overwhelmed and having an exploding to do list chock-full of daunting hand scribed only documents and DMV visits, would be a lie. As with most when they are infatuating over their dream, we only saw the romantic side of it all. Yes, we are overwhelmed, or at least we were, but this is exactly where we wanted to be. Only difference was we had a different, nay sexier term for it when we were planning out our adventure, being outside of our comfort zone.  

A quote from one of the greatest modern day adventurers.

A quote from one of the greatest modern day adventurers.

So here we are now as a fully insured, USCG documented, antique registered sailing vessel and an incredibly relieved pair of not-so-green anymore owners. Don't get me wrong we still don't have the slightest clue of where to begin on properly tacking, bleeding a fuel line or what amps we draw but man can we tie a mean bowline and furl the shit out of that headsail. Oh yeah by the way Lucidity is now in her home port of St. Petersburg after her maiden voyage from middle of nowhere Florida, I mean Indiantown but we'll dive more into that in the next post.

So where to start on the documentation process? I'd prefer to not relive it so how about the cliff notes version - you'll thank me later. So why USCG documentation? Well first off we liked the idea of not having to smear some random combination of Home Depot purchased letter & number decals on the front steps (port bow section of hull) of our home.

Mermaid added for flavor.

Secondly, being documented facilitates clearance with foreign governments when cruising their waters and provides certain protections while sailing under Old Glory. As for antique registration, easy answer is its crazy cheap. Cheap as in $5.25 per year. Lastly insurance, yea I saved the most exhilarating for last. We decided on going with hull insurance and 300k liability, due primarily to our lack of sailboating experience. What hull insurance does is provide pay out if you were to lose your boat to a hurricane, fire, what have you. They pay out what you have stated as an Agreed Value or Market Value, which for us sounded like a great way to be screwed out of what our vessel is truly worth due to the insurance industry's best friend, depreciation. Needless to say we decided on Agreed Value, paid for the full year and got unlimited towing as well.

That face looks familiar to me as well when dealing with insurance, Flo.

Relieved is a subtle way of describing how I feel now that it's all done. We're legal, we're still afloat and we can somewhat back our boat out of its tight slip, lookout world. We are learning something new everyday, being challenged in more ways than we could've imagined and enduring the feeling of going from almost-experts at our current jobs to complete sailing novices. This is what we signed up for, we're happily overwhelmed and stoked to have you here for the duration of staying outside our comfort zones.